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Islamic Finance Briefing - Categorized | Banking, Finance, Market Moves more

Islamic finance needs retail push: Ernst & Young

Posted on 19 February 2010

From Reuters: The Islamic finance industry has so far neglected retail banking that could provide it with a funding base more stable than its main wholesale and investment business, the head of Islamic finance at Ernst & Young said.

“I think almost everybody forgets that retail customers are what make Islamic finance … so you have to go down to the individual,” Sameer Abdi told the Reuters Islamic Banking and Finance Summit in Bahrain…………………………………..Full Article: Source

 
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